Mike Michalski & Sachi Fujita’s
A Real Estate Resource for the Beach Cities of Manhattan, Hermosa, Redondo and Beyond
(310) 729-4255

Our Latest Blog Posts

New Listing – 750 30th St, Manhattan Beach

Mike & Sachi have a new listing at 750 30th Street in the Manhattan Beach Tree section.

And when they say new, they mean new.  This 5,070 sqft beach plantation-style home is still under construction (by master builders Zivec & Corbett) with an estimated completion date of March, 2015, so there’s still time to pick your finishes.

This Doug Leach-designed masterpiece features an open floorplan, 5 bedrooms, 7 baths, 3 fireplaces, a 3-stop elevator, 3-car garage (lots of 3’s here), a full basement with a wine cellar, a covered patio with built-in BBQ and fridge and a large, south-facing backyard (thanks to an extra-deep 135-ft long lot).  The outdoor space is accessed from the grand family room via disappearing nana glass doors that recede into the wall.  And if it gets too warm outside, just close the doors and turn on the air conditioning.

Asking $4,499,000.

For more info, call or text Mike at (310) 729-4255.

Hermosa Valley High?

Real Estate Edge by Mike Michalski & Sachi Fujita

Looks like the developers of a massive Hermosa Valley home on El Oeste Drive (still under construction) are intent on setting a new sale price record for this neighborhood by a country mile. Read more here.

Nondisclosure of Defects in Residential Sales – Seller Beware!

Real Estate Edge by Mike Michalski & Sachi Fujita

Almost every residential real estate sale requires the seller to complete a transfer disclosure statement, also known in the industry as a TDS. This 3-page form compels the seller to tell the buyer everything about the home that could adversely and materially affect its value. But we’ve seen cases – two in Manhattan Beach – where the seller appeared not to disclose a material defect or nuisance to the buyer. Read more here.

What $2 Million Buys in Manhattan Beach – 2007 to Present

Real Estate Edge by Mike Michalski & Sachi Fujita

So what will $2 million buy in Manhattan Beach? Over the last seven years, the answer to that question has changed dramatically. Read more here.

When Will The Fed Raise Rates?

Real Estate Edge by Mike Michalski & Sachi Fujita

“Federal Reserve Chair Janet Yellen whispered ‘Bang’ but did not shoot,” according to Lou Barnes (Inman Real Estate News contributor). What does this mean for interest rates? Read more here.

Fisher Queen Nets A Cool $2 Million Profit

Real Estate Edge by Mike Michalski & Sachi Fujita

Back in 2008, with the world financial markets in turmoil and the local residential real estate market in the tank, two spectacular contemporary homes designed by Aidlin Darling Design out of San Francisco debuted on the market at 1208 and 1212 Fisher Avenue in the American Martyrs area of Manhattan Beach. One of those two recently resold for a cool $2 million profit (assuming escrow closes). Read more here.

Strand Prices Continue To Surprise On The Upside

Real Estate Edge by Mike Michalski & Sachi Fujita

Whoever said “Trees don’t grow to the sky” (an old Wall Street maxim) probably hadn’t contemplated what low interest rates , low inventory and a suddenly hot destination real estate market would have on beachfront properties here in Manhattan Beach. But given all that, some sellers are making an absolute killing on the sale of their Strand lots. Read more here.

Haunted House on Anderson To Get A Makeover

Real Estate Edge by Mike Michalski & Sachi Fujita

It looks like the long-running saga of 606 Anderson Street in the Manhattan Beach Hill section will finally be entering a new chapter with its recent purchase by a prominent local home-flipper.

What Was Once Shocking Now Looks Like A Deal

Real Estate Edge by Mike Michalski & Sachi Fujita

A developer client of ours won the bidding war last November for a 40 x 135 Tree section lot. At the time, it seemed as though they paid a premium over market value. Not any more.

Oak – The Most Common Tree Street Name

Real Estate Edge by Mike Michalski & Sachi Fujita

An interesting article from the Wall Street Journal reports on a study by online residential real estate site Trulia that examines which tree names are the most popular street names in the US. Turns out over 5% of listings are on streets with tree names with the most common tree variety being oak, followed by […]

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